DTCC begins first tokenized stock and Treasury production trades involving JPMorgan, BlackRock and Goldman

JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC. Microsoft, Circle, and SPY shares will also be tokenized in the first tokenized stock and Treasury production trades involving JPMorgan, BlackRock, and Goldman. The DTCC pilot begins today, marking a major step for institutional tokenization of traditional assets.